Marketplace

Marketplace

An offline or online market for trading.

Marketplace refers to a platform or location where items, real or digital are traded. Purchase and sale of products are made through money or digital currency. Traditional marketplace were locations where people traded essential items, livestock, food, and clothing.

With the rise of the Internet, modern technology and logistics, many marketplaces have shifted to a globally accessible platform. Amazon, eBay, Alibaba are some of the well-known web-based modern marketplaces.

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April 16, 2019
WebWire
Together with the innovation group Wellstreet, Tieto has entered into a partnership with fashion startup Scandinavian Man to combine fashion media and retail by building Scandinavian Man's new E-commerce and Marketplace platform. Today, many traditional fashion magazines face the challenge of having fewer advertisers, while conventional retailers find themselves in an ever tougher competitive landscape where margins and prices are always pushed lower. "Together with Scandinavian...
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